Recording Excise Duty Payment (Excise for Manufacturer)

The payment of excise duty can be done from the excise forms using the Stat Payment button.

Payment of duty can be of the following types:

●     Excise duty payment for the return period

●     Arrears

●     Interest

To pay the excise duty

1.    Click S: Stat Payment from the return form.

2.    Enter the period of filing the returns.

3.    Select Regular as the Type of Payment.

The Stat Payment Details appears as shown below:

4.    Enter details in the Payment transaction as shown below:

5.    Press Enter.

To Pay Arrears

1.    Click S: Stat Payment from the return form.

2.    Enter the period of filing the returns.

3.    Select Arrears as the Type of Payment.

4.    Select the liability ledger.

5.    Enter the amount.

6.    Select the Type of Payment, as required.

7.    Enter the Source Document Number and Source Document Date.

The Type of Payment screen appears as follows:

8.    Enter details in the Bank Allocations screen, as applicable.

The payment transaction for arrears appears as shown below:

9.    Press Enter to save.

To Pay Interest

1.    Click S: Stat Payment from the return form.

2.    Enter the period of filing the returns.

3.    Select Interest as the Type of Payment.

4.    Enter details as shown below:

5.    Press Enter to save.